Bank or similar financial institution account, poorest 40% in Armenia

Armenia: Bank or similar financial institution account, poorest 40% was 64.0% in 2024. ◆ Volatile

Latest (2024)
64.0%
Change on year
up 58.4%
World rank
58th
of 102 countries
All-time high
64.0%
in 2024
All-time low
11.1%
in 2014
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Armenia, 2011–2024

2040602011201720242011: 15 % age 15+2014: 11.1 % age 15+2017: 33.7 % age 15+2021: 40.4 % age 15+2024: 64 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

In 2024, bank or similar financial institution account, poorest 40% in Armenia stood at 64.0%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 58.4% on the previous year and up 477.3% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Armenia peaked at 64.0% in 2024 and was at its lowest, 11.1%, in 2014.

Armenia ranks 58th of 102 countries on this measure, in the middle of the range.

Bank or similar financial institution account, poorest 40% in Armenia, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Armenia, 2011 to 2024.
Year % age 15+ Change
2011 15.0%
2014 11.1% -26.2%
2017 33.7% +203.8%
2021 40.4% +20.0%
2024 64.0% +58.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 19.9% 11.1% 33.7% 3
2020s 52.2% 40.4% 64.0% 2

Countries ranked near Armenia

  1. 55 Georgia 69.1% compare
  2. 56 Kosovo 66.7% compare
  3. 56 Kosovo (UNSCR 1244) 66.7% compare
  4. 59 Argentina 63.0% compare
  5. 60 Uruguay 62.9% compare
  6. 61 Costa Rica 62.8% compare

See the full ranking of 114 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Armenia?
Bank or similar financial institution account, poorest 40% in Armenia was 64.0% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Armenia?
The highest recorded value was 64.0% in 2024.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Armenia?
The lowest recorded value was 11.1% in 2014.
How does Armenia rank for bank or similar financial institution account, poorest 40%?
Armenia ranks 58th out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Armenia?
Over the last ten years it is up 477.3%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Armenia. Statizoid. Retrieved 11 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/armenia/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed